1137571640

Capital Returns: Investing Through the Capital Cycle: A Money Manager’s Reports 2002–15 (Repost)

Capital Returns: Investing Through the Capital Cycle: A Money Manager’s Reports 2002–15 by Edward Chancellor
English | PDF | 223 Pages | ISBN : 1137571640 | 2.9 MB

We live in an age of serial asset bubbles and spectacular busts. Economists, policymakers, central bankers and most people in the financial world have been blindsided by these busts, while investors have lost trillions. Economists argue that bubbles can only be spotted after they burst and that market moves are unpredictable.